CME Group (CME) Gets a Hold Rating from Wells Fargo


In a report issued on December 6, Christopher Harris from Wells Fargo maintained a Hold rating on CME Group (CME). The company’s shares closed last Monday at $205.96.

According to TipRanks.com, Harris is a 4-star analyst with an average return of 9.1% and a 68.0% success rate. Harris covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Intercontinental Exchange, and Raymond James Financial.

Currently, the analyst consensus on CME Group is a Moderate Buy with an average price target of $222.60, implying a 7.5% upside from current levels. In a report issued on December 4, UBS also maintained a Hold rating on the stock with a $221.00 price target.

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CME Group’s market cap is currently $73.81B and has a P/E ratio of 36.20. The company has a Price to Book ratio of 2.75.

Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CME in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CME Group, Inc. operates as a security and commodity exchange company. It provides the risk management and investment needs of customers around the globe. The company offers a wide range of products across various asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.

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